Prospectus Supplement

Filed Pursuant to Rule 424(b)(5)

Registration No. 333-65642

Prospectus Supplement

(To Prospectus dated January 23, 2002)

LOGO

VENTAS, INC.

DISTRIBUTION REINVESTMENT AND STOCK PURCHASE PLAN

This prospectus supplement supplements the prospectus of Ventas, Inc. dated January 23, 2002, as supplemented March 11, 2003, December 8, 2003, December 29, 2004, December 14, 2005 and December 13, 2006 (which we refer to in this prospectus supplement as the prospectus), relating to Ventas, Inc.’s Distribution Reinvestment and Stock Purchase Plan. You should read this prospectus supplement in conjunction with the prospectus. This prospectus supplement is qualified in its entirety by reference to the prospectus, except to the extent the information in this prospectus supplement supersedes the information contained in the prospectus. Capitalized terms used in this prospectus supplement and not otherwise defined herein have the meanings specified in the prospectus.

This prospectus supplement contains a revised Schedule A to the prospectus. The revised Schedule A to the prospectus restates in its entirety the Schedule A previously included as part of the prospectus. The revised Schedule A sets forth the expected dates relating to common share distribution reinvestments and optional cash payments under the Plan for 2008, as such dates are described in the prospectus.

The date of this Prospectus Supplement is December 11, 2007.


SCHEDULE A

2008

COMMON SHARE DISTRIBUTION REINVESTMENTS1

 

Discount Set Date    Record Date    Investment Date2
March 3    March 6    March 28
May 30    June 4    June 27
September 16    September 19    September 30
December 10    December 15    December 30

OPTIONAL CASH PAYMENTS

 

Threshold Price and
Discount Set Date
   Record Date and
Optional Cash
Payment Due Date
   Pricing Period
Commencement Date
   Pricing Period
Conclusion Date3
January 2    January 7    January 8    January 25
February 1    February 6    February 7    February 26
March 3    March 6    March 7    March 26
April 1    April 4    April 7    April 23
May 1    May 6    May 7    May 23
June 2    June 5    June 6    June 24
July 1    July 7    July 8    July 24
August 1    August 6    August 7    August 25
September 2    September 5    September 8    September 24
October 1    October 6    October 7    October 23
November 3    November 6    November 7    November 25
December 1    December 4    December 5    December 23

1

The dates indicated are those expected to be applicable under the Plan with respect to future distributions, if and when declared by the Board of Directors. The actual record and distribution payment dates will be determined by the Board of Directors.

 

2

The investment date (and pricing date) with respect to shares of common stock acquired directly from us will be the distribution payment date declared by the Board of Directors. The investment date with respect to shares of common stock acquired in open market transactions will typically be the distribution payment date, but will be no later than ten business days following the distribution payment date.

 

3

The pricing period conclusion date is also the investment date with respect to optional cash payments of $5,000 or less.


NEW YORK STOCK EXCHANGE HOLIDAYS

 

     2008

New Year’s Day

   January 1

Martin Luther King, Jr. Day

   January 21

Washington’s Birthday/Presidents’ Day

   February 18

Good Friday

   March 21

Memorial Day

   May 26

Independence Day

   July 4

Labor Day

   September 1

Thanksgiving Day

   November 27

Christmas

   December 25